Post # 1
Am I the only one? With three weeks to go I felt really great that the entire wedding has been paid for, and a good chunk of the honeymoon (we’re really aiming to do all of this debt free). Now I’m bummed that crunching the numbers we’re still a bit short for the honeymoon. Not bad in the grand scheme and we’ll figure out a solution, I’m just tired after spending most of my day off doing all the last minute stuff. Maybe it’s a signal to just put things up for the day. Anyone else get down to the end and discover that no matter how careful you’ve been you’re just a bit short?
Post # 2
Nobody likes to admit they had to take credit or had to empty all their savings for a wedding or honeymoon, I guess. In an ideal world, you souldn’t have to rely on credit to pay for your expenses if you come short. In practice ? You bet I’ll put that extra 1 or 2K on my credit card or line of credit if, after a year of careful spending and stressful planning, I fall a bit short. I won’t cancel the whole thing and I deserve a vacation. The interest I’ll pay is minimal compared to the money I’ll lose if I just cancel the whole thing. The only issue is to make sure the amount you need can be paid off in a reasonable timeframe.
Post # 3
We were lucky. We managed to save up everything we needed in the year we were engaged, and didn’t even have to touch our other savings. We spent every penny of what we saved up though, including the minimum balance we needed in our savings account.
But we still had our personal savings account that we didn’t touch (which was quite a bit), so I voted that we had extra money.
Post # 4
renwoman: You might get some cash as wedding gifts which can help with the honeymoon. Or you could take a much smaller honeymoon, and pocket the savings just in case the emergency fund was depleted. It was be sad to run into an emergency with zero money in the bank.
We actually had $12k saved for a big guested wedding and then that was cancelled (my father was dying and did pass away sadly 44 days before the day).
Plan B ended up being less expensive (a private elopement in anther country along with an 11 day vacation), so we came out ahead financially speaking I guess. I know that’s not a typical scenario though.